Posted on 05/16/2011 7:16:36 AM PDT by blam
So, this is nothing new.
Treasury to tap pensions to help fund government
By Zachary A. Goldfarb, Published: May 15
The Obama administration will begin to tap federal retiree programs to help fund operations after the government loses its ability Monday to borrow more money from the public, adding urgency to efforts in Washington to fashion a compromise over the debt.
Excerpt...
Note: “Each of these actions has been taken in the past by my predecessors during previous debt limit impasses. By law, the CSRDF and G Funds will be made whole once the debt limit is increased. Federal retirees and employees will be unaffected by these actions.”
Assumption is it’s a game which will be won, again and as usual, by permanent increase in debt.
“[pleasant announcer tone] All of this has happened before, and it will all happen again.
[pleading] Please, please, please...
[sadistic] Aw ha ha ha!
[scream]”
- Information Society, Seek 200
Soooo...Which one is Geithner??
Obama is awesome! He had the foresight to pick TurboTax cheat Tim Geithner as his Treasury Secretary because he knew that somewhere, somehow, putting a guy who can’t do his own taxes in charge of a multi-trillion dollar economy would be a great move. I’m 63 years old, and I think I’m getting a tingle down my leg. No, wait, sorry—I just peed my pants.
Well, not really visible. Inside that thing "afloat" are a bunch of pipes. Follow them to the low point of that "afloat" thing, a basin sort of construction. He is in there.
The American people are being scammed and robbed blind, ya think? Start a list of those who must be sent home in 2012. Start with Crybaby.
I know what this thread needs...
A dozen freepers to come and and tell us that their special interest program funding should not be cut.
Lets hear it for all those freepers who can’t separate the men and women in uniform from the military industrial complex raping of the US Treasury.
Let’s hear it, “there is other stuff to cut, don’t cut off the Pentagon!”
That will work for a week.
It all needs to be cut including the military. I’m not saying not to defend ourselves but our global days should be reduced significantly.
Time to cut off all foreign aide as well..
Time to cut all retired lawmakers pensions, deplete them, they got us into this mess.
Well, providing for the national defense is at least covered in the constitution.
So how much longer until fedzilla implodes and we can press the reset button?
the CSRDF and G Funds will be made whole once the debt limit is increased.
Just like the SS funds? You know these folks are so stupid. Now guess who will suffer when they begin to realize that they might run out of funds in 50 years or so (or sooner). The folks that worked 30 or more years. What crap this government is.
The governments primary responsibility is to provide for the common defense of the United States. An argument can be made that those who have served this nation in uniform and been severely injured should be financially and medically taken care of. Past that I say cut everything.
I am sure that there are things even militarily that can be cut but providing for the common defense is paramount. Should we bring all of our troops home? Yes we should. Should we “willy nilly” cut defense without defining what that would mean in real world terms? No.
“All is timed appropriately for marital law to be put in place on the eave of the elections.”
Outlaw adultery?
:o)
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